AUDUSD

NOTE: For the greatest accuracy, at the beginning of each month I will make a parallel analysis between the charts of 1 week and 1 month!
As I said last week ...The AU closed below 0.76700 and even if it may retest once again the very strong resistance in the trendline area, the drop of 1000-1200 pips that we anticipated in the last weeks has started!

THIS WEEK...as I said last week AU closed below 0.76700 and dropped another 100 pips!
I keep the idea of lowering 1000-1200 pips for the coming weeks even if maybe it will test the 0.76600 area again
I think the next major stop will be at 70,500 and from there maybe 67500 from where it rejects and climbs again!


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Our analyzes have an accuracy of over 91% but due to market manipulations during this period we will avoid putting exact values on SL!
We also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
*This information is not a Financial Advice.